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The Series of 1928 was the first issue of small-size currency printed and released by the U.S. government. These notes, first released to the public on July 10, 1929, were the first standardized notes in terms of design and characteristics, featuring similar portraits and other facets. [ 1 ]
The obverse of the 1928 and 1934 series features a portrait of Grover Cleveland facing right while toward a United States Department of the Treasury seal. [2] The reverse of the 1928 and 1934 one-thousand-dollar bills feature lathework and Reverse and a decorative border.
Series 1928 was the first series of modern, small-sized notes issued. Since then, the series year has been changed when there is a major design change to a bill; a minor design change is indicated by a letter suffix being added to the series year. Major design changes were rare until 1974 when William E. Simon became
$10,000 Series 1928, 1934, 1934A & 1934B Green Seal Salmon P Chase on $10000 Like the previous $10,000 bill, these bills produced in 1928 and 1934 also bear the likeness of Salmon P. Chase on the ...
Beginning with the 1928 series, the size of the bill was reduced to the small-size variety measuring 6.14 in (156 mm) by 2.61 in (66 mm). The series 1918 version's obverse includes text ("Federal Reserve Note" and "The United States of America will pay to the bearer on demand ten thousand dollars") and a portrait of the former Treasury ...
Gold certificates, along with all other U.S. currency, were made in two sizes—a larger size from 1865 to 1928, and a smaller size beginning with the series of 1928. The backs of all large-sized notes (and also the small-sized notes of the Series of 1934) were orange, resulting in the nickname "yellow boys" or "goldbacks".
1928: Under the Series of 1928, all U.S. currency was changed to its current size. All variations of the $50 bill would carry the same portrait of Ulysses S. Grant, same border design on the obverse, and the same reverse with a vignette of the U.S. Capitol showing the east front.
The Revenue Act of 1928 (May 29, 1928, ch. 852, 45 Stat. 791), formerly codified in part at 26 U.S.C. sec. 22(a), is a statute introduced as H.R. 1 [1] and enacted by the 70th United States Congress in 1928 regarding tax policy.